OceanFirst Financial
OCFC
171 hedge funds and large institutions have $655M invested in OceanFirst Financial in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 66 reducing their positions, and 39 closing their positions.
550% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $223K
0.42% more ownership
Funds ownership: 69.91% → 70.33% (+0.42%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
12% less funds holding
Funds holding: 194 → 171 (-23)
14% less capital invested
Capital invested by funds: $763M → $655M (-$108M)
15% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 66
59% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$9.37M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.67M |
| 4 |
HPCM
Hunter Perkins Capital Management
Lombard,
Illinois
|
+$3.27M |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$9.54M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$4.79M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.03M |
| 4 |
NM
Newtyn Management
New York
|
-$3.7M |
| 5 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$2.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SGC
201
Slocum, Gordon & Co
Newport,
Rhode Island
| – | -$7.39K | -400 | Closed |
|
|
TWA
202
TCI Wealth Advisors
Tucson,
Arizona
| – | -$7.21K | -390 | Closed |
|
|
HNB
203
Huntington National Bank
Columbus,
Ohio
| – | -$5.71K | -309 | Closed |
|
|
MCM
204
Manchester Capital Management
Manchester,
Vermont
| – | -$3.03K | -164 | Closed |
|
|
AF
205
Allworth Financial
Folsom,
California
| – | -$2.29K | -124 | Closed |
|
|
EI
206
Ellevest Inc
New York
| – | -$1.37K | -74 | Closed |
|
|
GWS
207
Glassman Wealth Services
Vienna,
Virginia
| – | -$702 | -38 | Closed |
|
|
BIA
208
Bell Investment Advisors
Oakland,
California
| – | -$370 | -20 | Closed |
|
|
PA
209
Parallel Advisors
San Francisco,
California
| – | -$333 | -18 | Closed |
|
210
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$156 | -10 | -34% |
|
OCFC Hedge Fund Activity: Q2 2023 in Review
171 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in OceanFirst Financial (OCFC) for Q2 2023, worth a combined $655M — down 14% from $763M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of OCFC and 16 opened new positions — a net loss of 23 holders — while 66 trimmed existing stakes and 56 added.
The largest buyer was BlackRock, adding an estimated $13M. The largest seller was JP Morgan Chase, cutting an estimated $9.54M.
- 171 institutional investors held OceanFirst Financial (OCFC) as of Q2 2023, down from 194 in Q1 2023.
- Funds reported $655M of OceanFirst Financial stock for Q2 2023, down 14% quarter-over-quarter.
- 16 funds opened new OceanFirst Financial positions in Q2 2023 and 39 closed out, a net change of -23 holders.
- The largest OceanFirst Financial buyer in Q2 2023 was BlackRock, an estimated $13M added.
- The largest OceanFirst Financial seller in Q2 2023 was JP Morgan Chase, an estimated $9.54M sold.
Based on aggregated 13F filings for Q2 2023.